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- Binance Coin: As Binance separates from its VC firm, BNB declines 6%.
- Milei Moneda could be a respite for crypto investors as presale loads 100% profits.
It’s been a jolly past few weeks for most top altcoins, as even Binance Coin (BNB) pumped past its ATH by late February despite coming under fire in multiple regions. All that could end now, with Binance Labs breaking off from the exchange, and investors are looking to the newest meme coin, Milei Moneda ($MEDA), for their profits in 2024. More on the newbie token in a bit.
Binance Coin: Turbulent Times Ahead for the Exchange
Last year, the US Department of Justice slammed a $4.3 billion fine on Binance, and less than two months after, Nigeria canceled the exchange’s activity in the country. A lot has been going against the Binance exchange recently, but in the midst of it all, BNB managed to sneak a price surge, surpassing its all-time high (ATH) value in the leap.
But even that jump to a new ATH might be short-lived in light of the most recent Binance news. The VC firm, Binance Labs, has cut ties with the Binance crypto exchange, leaving investors in doubt of any further growth for BNB in the foreseeable future. As if on cue, BNB’s value dropped by 6% merely hours after the news of the VC firm breaking away.
With Binance’s decision to stop trading the Binance-backed stablecoin, BUSD, many Binance Coin investors are in doubt about the viability of BNB. While Binance Coin still ranks among the top 10 altcoins, there is a certain feeling that BNB won’t be hitting its ATH very soon.
Aside from Binance Coin, another altcoin is offering profits on a platter, with long-term gains in the bargain. Up next is Milei Moneda!
Milei Moneda: New Meme Coin Making Waves
Meme coins have been the best kind of crypto for beginners for years, requiring very little capital and even less trading accumen to be successful. But there has always been the headache of a lack of long-term plans, and that’s what Milei Moneda will be changing.
Milei Moneda is looking to break into mainstream politics with its humor to influence economic policies and ensure financial freedom for everyone. With Argentinian politician Javier Milei as the face of $MEDA, the token is ready to campaign for global crypto trading and encourage the adoption of cryptocurrencies.
The next best thing about Milei Moneda is its deflationary policy. $MEDA’s token supply is about 500 million, and that could hinder the token value from rising steadily. However, some $MEDA will be burned for each transaction, reducing the available tokens and increasing the scarcity of Milei Moneda tokens. That way, you can invest in Milei Moneda long-term and rest assured of profits, especially if you HODL.
Milei Moneda’s ecosystem is also structured in the form of a community. Here, your $MEDA tokens are your identity, with which you can suggest features and vote to approve suggested proposals for the development of the platform. Members also access discounts, exclusive content, and monthly giveaways.
Milei Moneda’s cryptocurrency ICO is on, and each $MEDA token goes for $0.010 in Stage 1 of the presale. Starting your $MEDA journey right now would mean a 100% ROI when the project launches at $0.020 per token in May.
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